Codelco sells its 37% stake in Mejillones LNG (Chile)

8 Aug 2019

Codelco, a Chilean state-owned copper mining group, has sold its 37% stake in the 2 bcm/year Mejillones LNG terminal in Chile to Ameris Capital AGF Fund for US$193m. The proceeds from the sale will support Codelco's investments in mining activities. The LNG import terminal, which was commissioned in 2010, is controlled by Engie, which owns a 63% stake in GNL Mejillones.

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